701 FM 2843, FLORENCE, TX 76527
FLORENCE, 76527 — williamson County
Property at a Glance
This home is estimated between $501,124 and $972,910, with a best estimate of $561,558. That places the property above the F001D30F - FLORENCE / BURNET ISD RURAL median of $511,796, in a neighborhood that declined 8.6% over the past year.
Estimated Value Range
$561,558
$683,799
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in F001D30F - FLORENCE / BURNET ISD RURAL, this home's estimated market value is between $501,124 and $972,910. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$7,107 for 24 sqft less living space and -$5,849 for being older. Net adjustment: -$12,956.
Adjusted -$85,576 for 289 sqft less living space and -$1,063 for being older. Net adjustment: -$86,639.
Adjusted -$129,697 for 438 sqft less living space and -$3,722 for being older. Net adjustment: -$133,419.
Adjusted +$18,951 for 64 sqft more living space and -$1,595 for being older. Net adjustment: +$17,356.
Adjusted -$218,234 for 737 sqft less living space. Net adjustment: -$218,234.
The Neighborhood
This home is valued 33.6% above the F001D30F - FLORENCE / BURNET ISD RURAL median of $511,796. With 2,087 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 8.6% over the past year.
F001D30F - FLORENCE / BURNET ISD RURAL
above averageThis home is +33.6% above the subdivision median.
Tax Analysis
The estimated annual property tax is $10,476 across all districts. With a homestead exemption claimed, that drops to $8,924 — saving $1,552 per year. That's $744 per month a buyer should budget. The assessed value increased roughly in line with the neighborhood, so a tax protest is unlikely to yield significant savings.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Florence ISD | School | 1.0182% | $6,962 |
| Williamson County | County | 0.3694% | $2,526 |
| Williamson County ESD #7 - Florence | ESD | 0.1000% | $684 |
| Williamson County FM/Rd | County | 0.0443% | $303 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5320% | $10,476 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $561,558 would pay approximately $3,505 per month (principal and interest only, excluding taxes and insurance).